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400305

The Relation between Integrated Reporting Disclosure and Value Creation: Evidence from Egyptian listed Companies

Article

Last updated: 04 Jan 2025

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Abstract

Traditional corporate reporting methods are become inadequate in addressing the diverse informational needs of stakeholders. There is an increasing need for enhanced transparency and disclosure which contain both quantitative and qualitative data to evaluate companies' success in meeting their social and economic objectives. While integrated reporting (IR) has gained traction as a globally endorsed practice for corporate disclosure in numerous markets, recent research underscores its nascent adoption in developing nations. Thus, this investigation delves into the extent of IR disclosure within Egyptian-listed companies and probes its correlation with value creation for these entities. Employing panel regression analysis on a sample comprising 25 Egyptian listed companies, specifically those within the EGX100, spanning a five-year period (2017–2021), this study utilizes a content analysis to measure IR disclosure levels, Tobin's Q is used as a measurement for the company value. The results show a noteworthy positive relation between IR disclosure levels and company value, indicating that such disclosure yields benefit across both mandatory and voluntary reporting environments, with a more pronounced impact observed in mandatory regimes. This study has a contribution to the literature by furnishing empirical insights from a developing market and implement a comprehensive disclosure index to measure the level of IR. Practical implications include advocating for policymakers and regulators in Egypt to enforce mandatory IR requirements, and it offers valuable insights for managers, auditors, and analysts, in guiding financial decision-making based on annual reports.

DOI

10.21608/cfdj.2024.312165.2024

Keywords

Integrated reporting (IR), value creation, Stakeholder Theory

Authors

First Name

Abdellatif

Last Name

Hussein Abogazia

MiddleName

-

Affiliation

Faculty of Commerce, Kafrelsheikh University, Kafr el-Sheikh, Egypt

Email

abdellatifhussin@gmail.com

City

-

Orcid

0000-0001-7826-096X

First Name

Gihane

Last Name

magdi mohamed kamal gazia

MiddleName

-

Affiliation

Faculty of commerce. Tanta University

Email

gehan73gazia@gmail.com

City

-

Orcid

-

First Name

Abdou

Last Name

Ahmed Ettish

MiddleName

-

Affiliation

Faculty of Commerce, Kafrelsheikh University, Kafr el-Sheikh, Egypt

Email

ab_sh_er@com.kfs.edu.eg

City

-

Orcid

-

Volume

6

Article Issue

1

Related Issue

52472

Issue Date

2025-01-01

Receive Date

2024-08-13

Publish Date

2025-01-01

Page Start

295

Page End

324

Print ISSN

2682-3403

Online ISSN

2682-4531

Link

https://cfdj.journals.ekb.eg/article_400305.html

Detail API

https://cfdj.journals.ekb.eg/service?article_code=400305

Order

400,305

Type

المقالة الأصلية

Type Code

1,242

Publication Type

Journal

Publication Title

المجلة العلمية للدراسات والبحوث المالية والتجارية

Publication Link

https://cfdj.journals.ekb.eg/

MainTitle

The Relation between Integrated Reporting Disclosure and Value Creation: Evidence from Egyptian listed Companies

Details

Type

Article

Created At

30 Dec 2024